Bootstrap Gallery
  1. Home
  2. Tech
Latest Tech News 🔥
Tech
Blast, the former $2 billion Ethereum layer‑2, is winding down after assets plunge 98%
Blast began its journey as an ambitious Ethereum layer‑2 scaling solution, promising faster transaction speeds and lower fees for users and developers alike. At its peak, the platform attracted more than $2 billion worth of digital assets, positioning it as one of the most prominent roll‑up projects in the rapidly evolving DeFi ecosystem. However, a confluence of market dynamics, competitive pres…
Oct. 2, 2026, 5:15 p.m.
Tech
Blast, Former $2 Billion Ethereum Layer‑2, Announces Closure Amid Sharp Asset Decline
Blast, a once‑prominent layer‑2 scaling solution built on the Ethereum blockchain, has officially announced that it will cease operations. At its peak, the platform managed more than $2 billion in digital assets, positioning it among the most significant second‑layer protocols in the crypto ecosystem. However, a dramatic 98 percent drop in the value of assets under its custody, coupled with a ste…
Oct. 2, 2026, 5:15 p.m.
Tech
Blast, Former $2 Billion Ethereum Layer‑2, to Cease Operations as Assets Plummet 98%
Blast, a once‑prominent layer‑2 scaling solution built on the Ethereum blockchain, announced that it will be shutting down its operations after a dramatic decline in the value of assets held on its platform. At its peak, Blast managed more than $2 billion worth of crypto, positioning it among the most significant second‑layer protocols designed to increase Ethereum’s transaction throughput and lo…
Oct. 2, 2026, 5:15 p.m.
Tech
Blast, Former $2 Billion Ethereum Layer‑2, Announces Closure as Assets Drop 98%
Blast, a once‑prominent layer‑2 scaling solution built on the Ethereum blockchain, has officially announced that it will cease operations. At its peak, the platform managed more than $2 billion in digital assets, positioning it among the most significant second‑layer projects in the crypto ecosystem. However, a dramatic decline in user activity, escalating operational costs, and intensifying comp…
Oct. 2, 2026, 5:15 p.m.
Tech
Blast, Former $2 Billion Ethereum Layer‑2, Announces Closure Amid Plummeting Assets
Blast, a once‑prominent layer‑2 scaling solution built on the Ethereum blockchain, has officially announced that it will cease operations. The platform, which at its peak managed more than $2 billion in digital assets, has seen a dramatic decline in activity, with total value locked (TVL) dropping by roughly 98 percent over the past year. This steep contraction, combined with rising operational e…
Oct. 2, 2026, 5:15 p.m.
Tech
Blast, once a $2 billion Ethereum layer‑2, is winding down after assets tumble 98%
Blast began its journey as an ambitious Ethereum layer‑2 scaling solution, promising faster transaction speeds and lower fees for users and developers alike. At its peak, the platform managed over $2 billion worth of digital assets, positioning itself as a significant contender in the crowded DeFi ecosystem. However, over the past year, the project has faced a cascade of challenges that have erod…
Oct. 2, 2026, 5:15 p.m.
Tech
Blast, Former $2 Billion Ethereum Layer‑2, Announces Closure Amid 98% Asset Decline
Blast, a once‑prominent layer‑2 scaling solution built on the Ethereum blockchain, has announced that it will cease operations after a dramatic collapse in the value of assets under its custody. At its peak, the platform managed more than two billion dollars in cryptocurrency, positioning itself as a leading infrastructure for faster, cheaper transactions on Ethereum. However, over the past year …
Oct. 2, 2026, 5:15 p.m.
Tech
Blast, Former $2 Billion Ethereum Layer‑2, Announces Closure Amid 98% Asset Decline
Blast, a layer‑2 scaling solution built on the Ethereum blockchain, has long been celebrated for its ambitious goal of providing fast, low‑cost transactions for a wide range of decentralized applications. At its peak, the platform managed more than $2 billion in digital assets, positioning it among the most prominent second‑layer protocols in the crypto ecosystem. However, recent market dynamics …
Oct. 2, 2026, 5:15 p.m.
Tech
Blast, Former $2 Billion Ethereum Layer‑2, Announces Closure Amid 98% Asset Decline
Blast, a once‑prominent Ethereum layer‑2 scaling solution that at its peak managed more than two billion dollars in digital assets, has officially announced its shutdown. The decision follows a dramatic 98 percent drop in assets under management, a steep decline in user activity, mounting operational expenses, and intensifying competition from larger, well‑funded platforms that are building their…
Oct. 2, 2026, 5:15 p.m.
Tech
Blast, Former $2 Billion Ethereum Layer‑2, Announces Closure as Asset Value Plummets 98%
Blast, a once‑prominent layer‑2 scaling solution built on the Ethereum blockchain, has announced that it will cease operations after a dramatic decline in the value of assets held on its platform. At its peak, Blast managed more than $2 billion worth of cryptocurrencies, positioning it among the most valuable second‑layer protocols in the ecosystem. However, a combination of falling user engageme…
Oct. 2, 2026, 5:15 p.m.